Wednesday, 26 September 2012

SapuraKencana unit wins Pearl oil contract


SapuraKencana Petroleum Bhd's wholly owned subsidiary TL Offshore Sdn Bhd (TLO) has secured some US$25mil worth of job from Pearl Oil (Amata) Ltd, a Mubadala Petroleum affiliate.

In a filing with Bursa Malaysia, SapuraKencana said the contract was for procurement, construction and installation for a production/processing platform, pipelines and pipeline end manifold for the Manora Field Development, Thailand with Pearl Oil. Pearl Oil is the operator of the Manora oil field in the G1/48 concession with partners Tap Energy (Thailand) and Northern Gulf Petroleum.

The contract comprises of procurement of equipment and bulk materials, fabrication, transportation, installation and hook-up of a wellhead processing platform and two 2km pipelines in the Manora oil field, which lies in 44 m of water about 80km from the coast of Thailand.